Pathetic move by Axis Bank, tomorrow their customer service will be bombarded with credit card cancellations.
Axis Ace Credit Card Devaluation Effective From : 20 April
Ace CC will fetch 1.5% instead of 2%.
- All transactions made using ACE Axis Bank Credit card, except the transactions made on GPay, Preferred Merchants and cashback excluded categories, will earn a base cashback of 1.5%.
- Cashback will not be applicable on utility spends done on platforms other than GPay.
Effective from : 20 April
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Revision in Credit Card Domestic Airport Lounge Access Program
We would like to update you regarding a change to the domestic lounge access feature on your Credit Card:
• Effective 1st May 2024, access to domestic airport lounges will be based on a minimum eligible spend
of Rs. 50,000 in the previous 3 calendar months. *
• In the case of a newly issued card, the minimum spend criteria is waived for the month of card
issuance as well as for the following 3 calendar months. *
Please note that an upgrade to a different card product will not be considered as new card issuance.
However, a card issuance, in addition to the card you hold, will be considered as new card issuance. *
• You can check spends from your billed transactions in previous 3 calendar months, available through
Net Banking and Mobile Banking App, open
• Upon spending the necessary amount in all the above scenarios, you will be eligible for the
complimentary lounge accesses available on your Credit Card. The number of complimentary visits
and the specific lounges you are eligible for, will depend upon the Card you hold. For more details,
please click here.
• The spend based criteria is waived for Burgundy Private Credit Card, RESERVE Credit Card, and
ATLAS Credit Card
Axis Bank Credit Card Devaluation
Axis could just stop all cards instead of doing devaluation every 3 months.
Ace to neo card worth upgrade??
Neo offering ltf
Ace to neo is not upgrade it's called downgrade.
Neo is anyway worthless
Just got a card 1 month ago and now this
Mera to August me mila tha abto close hi kr dunga csb ka devaluation hokar 2% hua hai isme tha hi kya 🙄
Baaki unlimited hi use krta tha me gpay se acha to Amazon me discount milta hai😂
Are sbi cashback jesa lane Wale hain kya sala sbi cashback nhi mil rha ab iska bhi devaluation ho gya🤦🤦🤬
Acha cashback pr devaluation hoti hai joining annual pr kbi nhi😂😂
Baaki yaar cc spends bhut ho rhe hai subhi ek thread float ho rha tha DD Pr ye to hoga hi aur kya hi upaye bacha hai overcome krne ke??
@akki.akki me comment tumhari post pr kr rha comment show khin aur ho rhe???
Not only for ACE but for FLIPKART credit card, generic cashback has been decreased by .5% on both to 1.5 & 1% respectively now.
Sala mene sapne me kaali gaay dekhi bachre ke saath ghr pe phone Kiya bole kuch bhut aacha hoga tumhare saath accha sapna hai
26 28 Ke UPI cashback ke Siva kuch na Mila isse +ve lu ya -ve kyonki Me phone mostly inhi karno se use krta hu 😂😂
Ye sari news mera mobile chalana chudwayengi new financial year se kisi ko IT notice nhi aaygi ab 😂😂
Significant Devaluation in Axis Bank's Popular Credit Cards:
📉 Changes Effective: April 20, 2024
Axis Ace Credit Card:
- Unlimited Cashback Reduced: 1.5% on Other Spend (was 2%)
- No Cashback on Utility Bills, except through GPay app
- Domestic Airport Lounge Access: Requires Rs. 50,000 spent in previous 3 calendar months
Axis Flipkart Credit Card:
- Unlimited Cashback Reduced: 1% on Other Spend (was 1.5%)
- Domestic Airport Lounge Access: Requires Rs. 50,000 spent in previous 3 calendar months
Axis Airtel Credit Card:
- Monthly Cashback Limit Reduced:
- Airtel services: 25% Cashback to Rs. 250/month (from Rs. 300)
- Gas/Water/Electricity: 10% Cashback to Rs. 250/month (from Rs. 300)
- Domestic Airport Lounge Access: Requires Rs. 50,000 spent in previous 3 calendar months
Axis FreeCharge Credit Card:
- No Cashback on Utility Bills, except through FreeCharge app
Even with Flipkart Axis too
Ab Flipkart Axis aur Amazon ICICI mein koi fark na raha. Still APay ICICI is LTF KING
Airtel Axis and Flipkart Axis as well ❤️🩹 🤦🏻
Ab ye trash 589 dene ke layak nahin raha 🙅🏻♂😏 Axis Ass
Will close this before 2nd year, RuPay Platinum DC for the win for utility bills @abhishek012
Check it out ->👇🏼
This is bound to happen
👆🏼
Who knows what future holds But for now credit card pandemic is gripping India
👳
Any card left which has 1.5% cashback and has annual fee of 500?
My zone axis also devaluation
With effect from 20th April 2024, the following change will be applicable on your AXIS
BANK FREECHARGE PLUS Credit Card:
1. Revision of cashback earned on utility services
No cashback will be provided on utility spends done on platforms other than the
Freecharge App.
Spends done on utility services that are not done on the Freecharge platform will not earn cashback.
2>1.5%>1%>0.5>Sorry this card is no longer valid o.O
Flipkart axis devalued from 1.5% to 1% , got mail today
Myzone still has movie BOGO offer or not? If not I'll close this card.
ICICI AZ Cc laughing in the corner...
Now will close axis ace and only keep flipkart axis as it is ltf.
I think..they revised all cards..
For my zone card-lounge access and for flipkart axis card- lounge access and cashback also revised from 1.5 to 1% for all other categories
I have Flipkart Axis LTF wouldn't go for LTF myzone 0.4% reward
I'd rather stay put
Attraction point is.... Indianoil credit card annual fee will now be waived off on 3.5 lakh spend. 😝
suggestion- call customer care and take neo rupay credit card. They are providing it ltf right now.
time to cut axis CCs✌️
Significant Devaluation in Axis Bank's Popular Credit Cards:
📉 Changes Effective: April 20, 2024
Axis Ace Credit Card:
- Unlimited Cashback Reduced: 1.5% on Other Spend (was 2%)
- No Cashback on Utility Bills, except through GPay app
- Domestic Airport Lounge Access: Requires Rs. 50,000 spent in previous 3 calendar months
Axis Flipkart Credit Card:
- Unlimited Cashback Reduced: 1% on Other Spend (was 1.5%)
- Domestic Airport Lounge Access: Requires Rs. 50,000 spent in previous 3 calendar months
Axis Airtel Credit Card:
- Monthly Cashback Limit Reduced:
- Airtel services: 25% Cashback to Rs. 250/month (from Rs. 300)
- Gas/Water/Electricity: 10% Cashback to Rs. 250/month (from Rs. 300)
- Domestic Airport Lounge Access: Requires Rs. 50,000 spent in previous 3 calendar months
Axis FreeCharge Credit Card:
- No Cashback on Utility Bills, except through FreeCharge app